8955 Puerto Del Rio Drive, Cape Canaveral, FL 32920

Cape Canaveral
Local realty services provided by:Better Homes and Gardens Real Estate Star
8955 Puerto Del Rio Drive,Cape Canaveral, FL 32920
$8,250,000
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  • 7.5 Acres
  • Lots / Land
  • Active
Listed by: james edmunds
Office: one sotheby's international
MLS#:1078450
Source:FL_SPACE

Price summary

  • Price:$8,250,000

About this home

MULTI-FAMILY INFILL OPPORTUNTY of 112 UNITS. Positioned within the Economic Overlay District of Cape Canaveral, the subject property represents a fully entitled ±7.5-acre multifamily development opportunity consisting of seven approved mid-rise residential pads. Each development pad encompasses approximately ±1 acre or greater and is approved for a four-story multifamily structure to a maximum building height of 45 feet. Current entitlements allow for 16 residential units per building, totaling 112 approved multifamily units across the site. All horizontal infrastructure improvements are in place, including paved roadways, municipal water, sanitary sewer, electrical service, drainage, and utility connectivity, allowing for immediate vertical development execution. Strategically positioned adjacent to the final undeveloped waterfront corridor within Cape Canaveral and neighboring the Banana River, the asset is surrounded by an established coastal residential and hospitality corridor,...

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Home facts

  • Listing ID #:1078450
  • Added:1 day(s) ago

Rooms and interior

  • Kitchen Description:appl_

Structure and exterior

  • Lot area:7.5 Acres

Schools

  • High school:Cocoa Beach
  • Middle school:Cocoa Beach
  • Elementary school:Cape View

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$8,250,000
  • Tax amount:$202 (2025)

Features and amenities

  • Laundry features:appl_
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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